13 Inlet Cove
About This Property
Designed for both relaxation and entertaining, the home features multiple levels of decks and a private fire pit area, perfect for gathering with friends and family after a day at the beach. From the third-story balcony, enjoy stunning water views of the Gulf, creating the ideal setting for morning coffee or sunset evenings. Inside, the thoughtfully designed layout offers hardwood floors throughout the main living areas, a spacious great room, and an open dining area that flows seamlessly for entertaining.
The first level includes two guest bedrooms and a laundry room, offering privacy and convenience for guests. The second floor features an additional bedroom and full bath, while the third floor is dedicated to an oversized primary suite complete with an office nook, his-and-her vanities, a large soaking tub, and a beautifully tiled walk-in shower.
Additional highlights include a 2-car garage, paver roads and driveways, and the home is being sold fully furnished, making it truly move-in or rental ready.
Residents of Inlet Heights enjoy exceptional amenities including a community pool, community room, and a dock overlooking Lake Powell. The location also allows for an easy walk or bike ride to 30Avenue, Rosemary Beach, and nearby public beach access, placing dining, shopping, and the beach all within reach.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2026 | Price Decreased |
$925,000
↓ $70K
(7%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Mar 31, 2026 | Price Decreased |
$1,050,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by Keller Williams Success Realty | $1,150,000 | |
| Listed by Keller Williams Success Realty | |||
| May 1, 2025 | Relisted | $1,179,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017